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SUMMIT FOUNDATION INC
GETZVILLE, NY · EIN 161418703 · Form 990 · FY2024 · NTEE T60Z · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$239K
expenses
$145K
net assets
$1.7M
employees
0
volunteers
16
program ratio
66%
mission · from form 990

TO PROVIDE SUPPORT SERVICES PRIMARILY TO THE SUMMIT CENTER, INC., AS WELL AS TO SUPPORT OTHER ORGANIZATIONS OPERATED EXCLUSIVELY FOR CHARITABLE, SCIENTIFIC, LITERACY OR EDUCATIONAL PURPOSES.

profile · synthesized from sources

Private foundation based in Getzville, NY that primarily supports The Summit Center, Inc. through grants and capital campaigns. Also provides funding to other organizations focused on charitable, educational, scientific, or literacy purposes. Played a key role in launching and expanding a $4.1 million capital campaign for facility improvements.

irs program accomplishments · form 990 part iii · fy2019

What they reported doing

  1. #1 primary $309K
    SUMMIT FOUNDATION LAUNCHED A $3,700,000 CAPITAL CAMPAIGN IN 2016 TO SUPPORT THE RENOVATION AND EXPANSION OF THE SUMMIT CENTER, INC.'S CAMPUS. THIS GOAL HAS NOW BEEN INCREASED TO $4,100,000.
named programs · 1 · from sources

What they call their work

Capital Campaign for The Summit Center
Launched a $3.7 million campaign in 2016 to support renovation and expansion of The Summit Center, Inc.'s campus; goal later increased to $4.1 million
activities · 1 group

What they do

  • Capital Infrastructure Funding 1 activity
    • Grantmaking to support capital campaign for campus renovation and expansion
      Funds a capital campaign for the renovation and expansion of The Summit Center, Inc.'s campus, with a fundraising goal of $4.1 million.
financials · form 990 · fy2024
revenue
Total revenue$239K
Contributions & grants$243K102%
Program service revenue$00%
Investment income$00%
Other revenue$-4K
expenses
Total expenses$145K
Program expenses66%
Admin / overhead5%
Fundraising29%
Salaries & benefits$0
Grants paid out$96K
Largest expense lineProfessional Fees
balance sheet
Total assets$2.14M
Cash$471K
Investments$1.62M
Liabilities$397K
Net assets$1.74M
Liquid reserves173.1 mo
6 years on record · 2019–2024 · YoY revenue -15.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
DANA ZAKES TREASURER 2 $176K
board members · 16
  • AARON PAYNE — DIRECTOR
  • ADAM BELLOMO — DIRECTOR
  • CHRISTOPHER BOSSERT — DIRECTOR
  • CINDY DEMARTI — DIRECTOR
  • DAVE ASTON — DIRECTOR
  • DAVE ZOLNOWSKI — DIRECTOR
  • GERALD CORNISH — DIRECTOR
  • JANICE LARSON — VICE PRESIDENT
  • JOSEPH BROWN — PRESIDENT
  • MICHAEL CARTER — DIRECTOR
  • MICHELLE CORNISH — DIRECTOR
  • NEIL ARNOLD — SECRETARY
  • STEPHEN NICHOLSON — DIRECTOR
  • THOMAS DEINZER — DIRECTOR
  • THOMAS ROSENECKER — DIRECTOR
  • YOLANDA MORRIS — DIRECTOR
relationships · 1

Who they work with

  • The Summit Center, Inc. Partner — Primary recipient of support services and grant funding from Summit Foundation Inc.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.